2 Bed Terraced House, Single Let, Bolton, BL3 5PE, £100,000

Jessie Street, Bolton, Greater Manchester, BL3 5PE - 2 months ago

Auction
BTL
ROI: 8%
~58 m²
+2 photos

ValuationOvervalued

Sold Prices£60K - £195K
Sold Prices/m²£1.1K/m² - £3.1K/m²

 

 

Square Metres

~58.34 m²
Price/m²£1.7K/m²

Value Estimate

£80,487

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Total Cash In

£31,200

 

 

Cash Out

 

Rent Range

£650 - £975

Rent Estimate

£669

Running Costs/mo

£466

Cashflow/mo

£203

Cashflow/yr

£2,432

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £60K to £195K, average is £105K. £1.1K/m² to £3.1K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£72K11/200.04 mi6, Parkinson Street, Bolton, Greater Manchester BL3 5PH2
£86K02/210.14 mi44, Grisdale Road, Bolton, Greater Manchester BL3 5NB2
£100K07/210.2 mi103, Hawthorne Street, Bolton, Greater Manchester BL3 4DD2
£104K10/210.22 mi2, Whiteland Avenue, Bolton, Greater Manchester BL3 5QB2
£82K11/200.22 mi162, Willows Lane, Bolton, Greater Manchester BL3 4BU2
£80K11/200.23 mi135, Willows Lane, Bolton, Greater Manchester BL3 4AY2
£133K12/220.23 mi64, Melbourne Road, Bolton, Greater Manchester BL3 5RN2
£108K07/230.24 mi73, Church Avenue, Bolton, Greater Manchester BL3 4AW2
£118.5K12/200.24 mi3, Gilnow Lane, Bolton, Greater Manchester BL3 5EL2
£102K05/230.27 mi44, Brandon Street, Bolton, Greater Manchester BL3 6LN2
£97.5K03/230.27 mi35, Croston Street, Bolton, Greater Manchester BL3 4BB2
£83K11/200.3 mi85, Daisy Street, Bolton, Greater Manchester BL3 4BD2
£95K01/230.3 mi18, Hawthorne Street, Bolton, Greater Manchester BL3 5RG2
£112K11/210.36 mi3, Ryley Avenue, Bolton, Greater Manchester BL3 5RB2
£166K03/230.38 mi12, Sunadale Close, Bolton, Greater Manchester BL3 5RS2
£87K03/210.39 mi25, Willow Close, Bolton, Greater Manchester BL3 4DS2
£106.5K11/210.39 mi8, Willow Close, Bolton, Greater Manchester BL3 4DS2
£105K02/210.43 mi26, Salisbury Street, Bolton, Greater Manchester BL3 5DR2
£90K12/200.43 mi15, Chestnut Close, Bolton, Greater Manchester BL3 4DR2
£152K01/230.43 mi23, Ashton Street, Bolton, Greater Manchester BL3 4HN2
£120K12/200.44 mi241, Willows Lane, Bolton, Greater Manchester BL3 4HE2
£149K03/230.44 mi5, Clunton Avenue, Bolton, Greater Manchester BL3 4HD2
£75.5K02/210.45 mi14, Tavistock Road, Bolton, Greater Manchester BL1 4SG2
£90K09/230.45 mi12, Charles Holden Street, Bolton, Greater Manchester BL1 4SQ2
£100K06/210.45 mi484, Bridgeman Street, Bolton, Greater Manchester BL3 6TJ2
£195K06/210.46 mi54, Deane Avenue, Bolton, Greater Manchester BL3 5QN2
£138.3K12/220.47 mi32, Henrietta Street, Bolton, Greater Manchester BL3 4HL2
£100K07/210.47 mi15, Ernest Street, Bolton, Greater Manchester BL1 4RZ2
£170K08/230.5 mi18, Dobson Road, Bolton, Greater Manchester BL1 4RT2
£85K02/210.5 mi54, Gregson Field, Bolton, Greater Manchester BL3 6UL2
£76K01/210.52 mi13, Lenora Street, Bolton, Greater Manchester BL3 4EZ2
£110K05/230.52 mi12, Lenora Street, Bolton, Greater Manchester BL3 4EZ2
£115K03/230.52 mi25, Brigade Street, Bolton, Greater Manchester BL1 4RP2
£81.9K09/210.52 mi15, Silverdale Road, Bolton, Greater Manchester BL1 4RR2
£142K12/220.53 mi159, Deane Church Lane, Bolton, Greater Manchester BL3 4EQ2
£127K09/210.53 mi212, Deane Church Lane, Bolton, Greater Manchester BL3 4EW2
£105K06/230.53 mi14, Southend Street, Bolton, Greater Manchester BL3 3PU2
£125K12/220.54 mi20, Sixth Avenue, Bolton, Greater Manchester BL1 4LN2
£150K03/230.55 mi14, Nixon Road, Bolton, Greater Manchester BL3 3PX2
£125K07/230.57 mi7, Curzon Road, Bolton, Greater Manchester BL1 4RW2
£110K03/210.57 mi176, Ellesmere Road, Bolton, Greater Manchester BL3 3JN2
£120K04/210.57 mi179, Ellesmere Road, Bolton, Greater Manchester BL3 3JN2
£120K07/230.58 mi10, Sunlight Road, Bolton, Greater Manchester BL1 4RN2
£85K12/200.61 mi25, Second Avenue, Bolton, Greater Manchester BL1 4LW2
£88.5K12/200.61 mi17, Second Avenue, Bolton, Greater Manchester BL1 4LW2
£92K03/210.61 mi26, Second Avenue, Bolton, Greater Manchester BL1 4LW2
£60K11/200.62 mi16, Minorca Street, Bolton, Greater Manchester BL3 6PP2
£80K08/210.62 mi18, Broach Street, Bolton, Greater Manchester BL3 6PE2
£125K11/200.64 mi67, Headingley Way, Bolton, Greater Manchester BL3 3EQ2
£152K08/210.65 mi12, Kennington Fold, Bolton, Greater Manchester BL3 3EG2

Local Rents

22 rents from £650/mo to £975/mo, average is £798/mo.

RentDateDistanceAddressBeds 
£72512/240.27 mi-2
£67502/240.27 mi-2
£72512/240.27 mi-2
£75011/240.39 mi-2
£79511/240.41 mi-2
£72512/240.42 mi-2
£85003/250.42 mi-2
£72503/240.43 mi-2
£97512/240.43 mi-2
£97503/250.43 mi-2
£65012/240.45 mi-2
£95001/250.48 mi-2
£85003/250.49 mi-2
£92501/250.49 mi-2
£90011/240.5 mi-2
£75012/240.51 mi-2
£72512/240.52 miHenley Grove, Bolton2
£79501/250.56 mi-2
£90003/240.57 miCurzon Road, Bolton, BL12
£80012/240.58 mi-2
£95011/240.58 mi-2
£85012/240.59 mi-2

Local Area Statistics

Population in BL3

63,785

Population in Bolton

217,471

Town centre distance

1.81 miles away

Nearest school

0.30 miles away

Nearest train station

1.02 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+0%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £100,000

March 6, 2025

Floor Plans

Description

  • For Sale By Modern Auction +
  • Great Location Close To Town Centre +
  • No Chain +
  • Great Investment Opportunity +

FOR SALE BY MODERN METHOD OF AUCTION STARTING BID £100,000 PLUS RESERVATION FEES **

This two bedroom mid terraced house is available immediately with no onward chain. The property has been a strong buy to let investment for many years and comprises spacious lounge, adjacent kitchen/diner, two bedrooms and a family bathroom suite. The house would be perfect for someone looking to enhance their portfolio or perhaps a first time buyer looking to get on the ladder.

The house is located on a quiet street just off Deane Road and is close to an abundance of amenities such as Bolton university, popular schools, shops, convenience stores and leisure facilities.

Auctioneer Comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Agent Details

Miller Metcalfe, Bolton

01204 958263

Next Steps?

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